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Roth IRA Strategy

I am going to make an attempt to contribute $5000 to my Roth IRA again this year.  I’m currently trying to figure out a strategy.  My Roth IRA is at Vanguard, and I currently have my money in two funds: the Vanguard Total Stock Market Index and the Vanguard Total International Stock Index.  Not surprisingly, [...]

Stay Calm

I have in front of me a report on the current financial situation written by a market strategist at one of the U.S. investment firms.  The report is titled “Stay Calm in the Midst of Crisis.”  The author makes some good points.  The one that resonated the most with me is:

“Investing is easy.  Staying invested [...]

Keeping secrets from myself

So.  The economy.  Not so fun, eh?

After updating my net worth this month, I’ve decided that for the next month, I’m not going to look at my investment accounts.  Or at least, I’m going to try to not look at my investment acounts for the next month.  I might not even include them in my [...]

Playing the Stock Market

Welcome to all the new readers from Smart Spending!

I learned yesterday that a few months back, one of my co-workers, who seems to be a fan of “get rich quick” schemes (none of which have ever worked for him, of course) decided to start playing the stock market.  He took $3000 out of his savings [...]

Less Focus on Finances

Over the past few weeks, I find that I’m focusing less on my finances. This is both good and bad.

When I’m looking at my finances on a daily basis, or even every other day, I know exactly what I have in my budget categories. I know where I can splurge a bit and [...]